Home Prices Down. Landlord Tenant Registry in Ontario now Up. Two Year Extension on Foreign Buyer Ban. 85 Offers On One Home… AGAIN !? Interest Rate Decrease & More.

by Diana Winger

Unlocking Your Dream Home: A Comprehensive Guide to Pre-Construction and New Homes for Sale

CURRENT INTEREST RATES

You may be eligible for the New to Canada program that can assist with the purchase of a home with just 5% down on homes under $500,000.

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MORE REAL ESTATE NEWS

CP24 - Mississauga house sells for just under $1M after 85 offers

The Housing and Mortgage Market Review: January 2024

ANALYSIS OF ONTARIO’S EFFORTS TO BOOST HOUSING SUPPLY

Landlord Tenant Registry in Ontario

The Expositor - City, county making progress on affordable housing: Mayor Davis

The Expositor - City of Brantford offers plenty of fun over Family Day weekend

The Expositor - Brantford area home prices down at start of new sales year

The Expositor - 2023 was Brant County's third biggest construction year

The Expositor - Committee recommends 5.8% tax increase for Brantford homeowners

The Expositor - City setting aside funds for new Brantford hospital

CBC News – Celebrity contractor Mike Holmes 'approved' this development. Now some of its homes have been demolished

Toronto Star – A record high number of new condos are going unsold in the GTA

Canadian Mortgage Professional – Toronto mayor's executive committee approves new foreign buyer tax

Toronto home sales off to hot start to 2024, but prices slip for eighth month in a row (Yahoo! Finance)

Leon's Furniture plans to unlock 'massive' real estate value by building 4,000 homes in Toronto (Yahoo! Finance)

Federal government extends foreign buyer ban until 2027 (Canadian Mortgage Trends)

Fixed mortgage rates in Canada resume decline amid economic volatility (Canadian Mortgage Trends)

CBC News - Ottawa says it will have news soon on the future of the Greener Homes grant

Bloomberg – Homebuyers in Canada are so frenzied that they won’t wait for rates to go down

Financial Post – Housing prices rose the most in these 5 spots in Canada in 2023

Toronto Star – Buyers at the gate: House prices are expected to rise this year. Will buyers flood in when the rate cuts come?

Storeys – ‘Buyers aren’t rushing’: Luxury home sales slip in Toronto, Montreal, surge in Vancouver, Calgary

Canadian Mortgage Professional – How concerned is the Bank of Canada about the mortgage market?

Mortgage rates drop for the second time in 2024 (Yahoo!Finance)

Is it time to refinance your mortgage? 5 ways to prepare. (Yahoo!Finance)

Canada is building a lot of housing. It’s still not enough (The Globe and Mail)

Market participants still expect the first Bank of Canada rate cut in April (Canadian Market Trends)

Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC (Canadian Mortgage Trends)

Borrowed money led to a boom in pre-construction sales. It could become a problem (CTV News)

Canadian home builders call for policy reforms amid rising interest rates and construction costs: CHBA (Real Estate Magazine)

Financial freedom for Canadians 55+: HomeEquity Bank boosts CHIP Reverse Mortgage support for the broker channel (Canadian Mortgage Trends)

Property taxes in major Canadian markets: Changes over the past decade and where they’re at now (Real Estate Magazine)

Canada to offer universities, colleges low-cost loans to build new student housing (CTV News)

Mike ’Holmes Approved Homes’ demolished due to alleged defects (RCI Canadian News)

 

Diana Winger, REALTOR® CNE, SRS, SRES, ABR

Mortgage Agent, Level 1 Valko Financial LTD #13047

eXp Realty | Dominion Lending Centres |  226-705-3369 | 250-588-8839

ON YOUR TEAM!

WingerRealEstate.com

Housesforsale365.com   |   SearchBestMortgages.com

 

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Diana Winger

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